Whistler Investment (NASDAQ:WHIS)
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Whistler Investments (WHIS) is set to begin production of the
first North American version of the new E-Cobra at Newly Acquired Manufacturing
Facility.
LAS VEGAS, LOS ANGELES, SHANGHAI, June 1 /PRNewswire-FirstCall/ -- Whistler
Investments Inc. (OTCBB: WHIS) (http://www.whistlerinvestments.com/)
subsidiaries, R-Electric Car Company (http://www.r-electriccar.com/) Global
Electric Corporation, (http://www.globalelectric.com/) and Solium Power Corp
(http://www.soliumpower.com/) emerging leaders in the development and marketing
of lithium ion vehicles and lithium ion powered products worldwide, announced
today, in response to a recent bilateral production deal with China's Geely
Corporation (http://www.geely.com/) a North American production facility is now
underway to meet market demands for their highly acclaimed lithium-Ion vehicles
and products.
The inaugural unveiling of the E-Cobra will take place on National television
during a taping of the MONEYTV (http://www.moneytv.net/) on Thursday June 3,
2004. This vehicle will be Whistler Investments first large scale internally
produced vehicle.
Holly Roseberry, President of Whistler Investments stated, "With our new
ability to manufacture vehicles in large volume we are now truly able to start
meeting the demand for our revolutionary lithium-ion products. This year we
anticipate opening several production plants. Our products have already
garnered significant government and public sector demand. We are proud to be an
early leader in the field of zero emission products, specifically at the time
of record high oil prices and record output of Global warming carbon emissions
into our environment."
To meet early adapters and public demand for the new E-Cobra urban vehicle, a
direct marketing campaign is underway and a consumer-direct website program is
scheduled for launch within 30 days. Our website program will allow purchase,
vehicle adaptation and shipping all via the Internet.
The E-Cobra Bike features a top speed of 60 MPH and a range of 60 miles for
over 1,000 charges. Its speed and range are twice that of our nearest
competitor; the 1000-charge life of the battery triples our nearest competitor.
All this for the same price! Higher, 90 and 120 mile, ranges will also be
available as additional options.
About Geely (http://www.geely.com/)
Geely Group Co, Ltd Overview
Geely Group Co., Ltd (Hereafter as Geely) founded on Nov. 6, 1986, made its
debut in manufacturing parts for the refrigerator-evaporator, and is located in
Huangyan, Luqiao, Taizhou city, Zhejiang Province.
1989 Geely entered the advanced decoration material industry and manufactured
the first magnalium bent board in China
April, 1994, Geely began working in the motorcycle industry. By June, the first
motor scooter in China was manufactured by Geely. In 1995 the total sales were
60,000 and by 1996, increased to 200,000. Geely became the largest motorcycle
manufacturing enterprise in China.
May, 1996, Geely Group Co., Ltd was organized.
March, 1997 Geely branched into the Higher-education industry. Now Geely has
three colleges. Beijing Geely University has become one of the few
private-owned universities with the independent right to authorize Higher
Education Diplomas in Beijing city.
1997 Geely entered the Automobile Industry.
August 8, 1998. The first Geely Car launched in Linhai City Zhejiang Province.
November 9, 2001 and December 26, 2001. China State Economic and Trade
Commission approved Geely Automobile's JL6360, HQ6360, MR6370 and MR7130 series
to be listed on SETC automobile products public catalogue. Geely automobile
became the first approved private enterprise in terms of automobile manufacture
in China.
May 25, 2003, Mr. Xugang, once a member of Zhejiang Provincial Financial Hall
Leading Party Members Group, a chief accountant of Local Taxation Bureau of
Zhejiang Province, came to Geely group as CEO, directing Geely toward a
professional manger-operated enterprise from family-operated one.
About Whistler OTCBB-WHIS http://www.whistlerinvestments.com/
Whistler Investments, Inc. (WHIS) is emerging as a leader in the development
and marketing of Lithium Ion vehicles and Lithium Ion powered products
worldwide. Whistler believes our superior technology coupled with an aggressive
marketing plan will establish our company on the world stage. With the global
focus moving rapidly towards addressing pollution, the need for sustainable,
zero emission energy is current. As legislation is dictating a move towards
this type of energy, we foresee this industry as one of the fastest growing
segments within the global economy.
For more information about Whistler Investments, please visit our website at
http://www.whistlerinvestments.com/.
Contact:
Whistler Investments
Investor Relations:
(888) 669-1808 or (604) 681-2799
Forward Looking Statement
This press release may include forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These statements are based on the Company's current
expectations as to future events. However, the forward-looking events and
circumstances discussed in this press release might not occur, and actual
results could differ materially from those anticipated or implied in the
forward-looking statements.
DATASOURCE: Whistler Investments, Inc.
CONTACT: Whistler Investments, Investor Relations: (888) 669-1808 or
(604) 681-2799,